Fred Wilson Thinks That By 2020, Apple Won't Be A Top Tech Company Anymorehttp://www.businessinsider.com/fred-wilson-top-tech-companies-in-2020-will-be-facebook-and-google-2014-5/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 16:46:39 -0400Alyson Shontellhttp://www.businessinsider.com/c/5368811f6bb3f77b0316ebc5Tim WoodsTue, 06 May 2014 02:28:47 -0400http://www.businessinsider.com/c/5368811f6bb3f77b0316ebc5
Google will survive... Apple will survive.... Facebook will be a distant memory with Mark Zuckerberg working behind the counter at some McDonalds somewhere. I don't exactly believe Fred Wilson here.http://www.businessinsider.com/c/53687ed169beddbf1e8b4568Marwan YassinTue, 06 May 2014 02:18:57 -0400http://www.businessinsider.com/c/53687ed169beddbf1e8b4568
I don't think that's right, that might be right if we're in 2000ish, when companies like Yahoo! MySpace and Hi5 were basically the same as Google, Facebook and Twitter, companies weren't flexible as now, they don't stick to bad or unsuccessful ideas as before, so, these companies are gonna live some other company build other ways to get the same outputs of them
For Apple, talk about flexiblity, the company is around for about 40 years! If Apple didn't make the iPod, iPhone and iPad, I'm sure it'll be dead by now if not before, and it'll continue getting more ideas since they dropped Computers from Apple Computers.http://www.businessinsider.com/c/5367e68569bedd660d8b4568Percy JacksonMon, 05 May 2014 15:29:09 -0400http://www.businessinsider.com/c/5367e68569bedd660d8b4568
People have been saying that for soooooo many years now - yet Apple has continually defied that reaping high profits from high end - high quality - devices.http://www.businessinsider.com/c/5367bafaeab8eaee51c4472aHenry 3 DoggMon, 05 May 2014 12:23:22 -0400http://www.businessinsider.com/c/5367bafaeab8eaee51c4472a
And the logic for that prediction was that
1) Hardware is becoming more commodity - Well that's been happening for 30 years, and at the end of the day, companies are only now realising that to produce the best products, you need to control the whole bundle. Which is why hardware is finally becoming less commodity - I didn't own any sort of a machine with a proprietary processor for many years. Now both my phone and TabletPC have proprietary, rather than commodity, processors.
2) Apple has nothing in cloud - lets see. I keep my email on Apple's cloud (iMap servers) and my calendar on their calendar servers. I stream my music from iTunes match, and buy most of it from iTunes. And I stream TV and Films from iTunes too. I keep documents on their cloud and access them from my phone, iPad and Macbook. I back up my iPhone to their cloud. I use maps and navigation from their cloud. Sure. Apple has nothing in the cloud. Whatever.http://www.businessinsider.com/c/5367b64decad04555ec4472belllroyMon, 05 May 2014 12:03:25 -0400http://www.businessinsider.com/c/5367b64decad04555ec4472b
google: a one trick pony with a business model attached from all sides (i.e. privacy issue) and slowing growth
facebook: dependent on the communication habits of mostly young people that can and will change fast
both with high P/Es, not sustainable at their current growth rateshttp://www.businessinsider.com/c/5367b07aecad042453c44728BelizeMon, 05 May 2014 11:38:34 -0400http://www.businessinsider.com/c/5367b07aecad042453c44728
Well you don't need to wait that long either.......2016-2017 will be enough to see apple dethroned..........
Having said that......please don't even count Facebook in top 5 .....it will be a shame for technology companies ........
By 2020 world will forget Facebook it will be long gone history.....http://www.businessinsider.com/c/5367af7eecad04614dc44729beltway gregMon, 05 May 2014 11:34:22 -0400http://www.businessinsider.com/c/5367af7eecad04614dc44729
Not Google? or Facebook? Why not? these companies are currently valued at 350B and 150B respectively... seems logical they'd be in consideration. Unless of course you have an all-apple hard-on all the time, in which case, you'll scream from the rooftops should anyone mention any other tech company for consideration here.http://www.businessinsider.com/c/5367a2886da811b0164674c2elllroyMon, 05 May 2014 10:39:04 -0400http://www.businessinsider.com/c/5367a2886da811b0164674c2
what a tool. completely clueless. could very well be that apple won't be the most valuable company in 2020 but google? facebook? twitter? this guy must be on drugs.
by the way: the iphone 5c was the second most successful phone in the world in its first quarter and probably in the worldwide top ten until now. it has sold more than any of its predecessors. it was one of the reasons for apple's record iphone numbers last quarter.http://www.businessinsider.com/c/5367a1fc6da811fa084674c3SntyMon, 05 May 2014 10:36:44 -0400http://www.businessinsider.com/c/5367a1fc6da811fa084674c3
He is right that the battle right now is to win in the cloud and Apple is a bystander that's years behind. Google, Microsoft and Amazon have different approaches and Facebook is naturally a cloud DNA company.http://www.businessinsider.com/c/5367a09569bedd872216ebd0a2Mon, 05 May 2014 10:30:45 -0400http://www.businessinsider.com/c/5367a09569bedd872216ebd0
He's always been an Apple bear. "Apple is evil" is his mantra, despite having one on his desk. Perhaps he'll switch to one of these new chromebooks.http://www.businessinsider.com/c/53679d0eeab8eae5609683e4Freddy BeeMon, 05 May 2014 10:15:42 -0400http://www.businessinsider.com/c/53679d0eeab8eae5609683e4
Thanks Greg. I have always secretly loved you. xoxoxhttp://www.businessinsider.com/c/536799d3ecad047e6070bfecBeltway GregMon, 05 May 2014 10:01:55 -0400http://www.businessinsider.com/c/536799d3ecad047e6070bfec
Can't argue with this. There's a reason Apple's single-platform applications have failed to inspire. Poor technology coupled with single platform thinking equals failure.http://www.businessinsider.com/c/5367996d6bb3f709430e95c3Beltway GregMon, 05 May 2014 10:00:13 -0400http://www.businessinsider.com/c/5367996d6bb3f709430e95c3
It's always sunny in Cuppertino Freedy. Welcome to the fold.
Ah, he had me until Twitter? Is he stoned?http://www.businessinsider.com/c/536798b6eab8eaa7579683e0Freddy BeeMon, 05 May 2014 09:57:10 -0400http://www.businessinsider.com/c/536798b6eab8eaa7579683e0
Good 'ol Freddie sold his $AAPL at $97 according to PED. So obviously I'm tripping over myself to listen to what he has to say. lulz
"I am selling my entire position in Apple this morning including the stock I bought earlier than last fall. My average price on my entire position in Apple is $96, so I'll take a small loss on this and a small gain on the stock I bought during the meltdown last fall."
So wrote Fred Wilson, the managing partner of Union Square Ventures, in his widely read blog A VC, on Jan. 7, 2009. He had gone out to dinner with friends the night before and realized that none of them -- "I mean nobody" -- believed the statements coming out of Apple PR about Steve Jobs' health. "As good as the company is," he wrote, "I just can't own a stock when I don't believe the company is being straight with investors."
The story of Wilson's decision to dump his Apple (AAPL) shares 27 months ago came up again this week because of two prominent blog posts he has written over the past six months advising app developers to write for Google's (GOOG) Android in preference to Apple's iOS."